PTT Global Chemical PCL (PTT Global Chemical PCL) GF Value Rank : 9 (As of Jun. 16, 2024)

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What is PTT Global Chemical PCL GF Value Rank?

PTT Global Chemical PCL has the GF Value Rank of 9.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of PTT Global Chemical PCL's GF Value Rank

For the Chemicals subindustry, PTT Global Chemical PCL's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PTT Global Chemical PCL's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PTT Global Chemical PCL's GF Value Rank distribution charts can be found below:

* The bar in red indicates where PTT Global Chemical PCL's GF Value Rank falls into.

PTT Global Chemical PCL GF Value Rank Related Terms

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PTT Global Chemical PCL (PTT Global Chemical PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PTT Global Chemical PCL (OTCPK:PTGCF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

PTTGC-F:Thailand PTTGC:Thailand GCB:Germany

Address

Vibhavadi-Rangsit Road, 555/1, Energy Complex, Building A, 14th - 18th Floor, Chatuchak, Bangkok, THA, 10900

Website

https://www.pttgcgroup.com

PTT Global Chemical PCL is a Thailand-based company. The reportable segments of the company are Upstream (including Refinery, Aromatics and Olefins), Intermediates (including EO-Based Performance, Phenol and others) Polymers and Chemicals, Bio and Circularity, Performance Chemicals, Service and Others. The majority of revenue is earned in Thailand.

PTT Global Chemical PCL (PTT Global Chemical PCL) Headlines

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